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Definitions of beneficiary
  1. noun
    the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause

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  2. noun
    the recipient of funds or other benefits

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    type of:
  3. having or arising from a benefice
    "a beneficiary baron"
Definition that contains beneficiary
  • trust something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
  • pensioner the beneficiary of a pension fund
  • fiduciary a person who holds assets in trust for a beneficiary
  • trustee-beneficiary relation the responsibility of a trustee to act in the best interests of the beneficiary
  • discretionary trust a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate
  • savings account trust a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  • totten trust a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  • endowment insurance life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
  • pensionary the beneficiary of a pension fund
  • trust account a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
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